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Intel's revenue and profit have been collapsing this past year and looks bleak compared to the historical trend, https://www.macrotrends.net/stocks/charts/INTC/
by anonporridge 3y ago
Intel's revenue and profit have been collapsing this past year and looks bleak compared to the historical trend, https://www.macrotrends.net/stocks/charts/INTC/intel/revenue https://www.macrotrends.net/stocks/charts/INTC/intel/revenue
The Intel workforce and leadership is failing to perform and continue bringing in sufficient revenue to justify a workforce of its size, and they will all lose their jobs anyway if it continues.
- forty 3y agoThat seems a good reason not to spend money on dividends which I don't think will help the company become more profitable. Cutting jobs to save money is understandable, but the savings should be used to invest into the business.
- worrycue 3y agoNot saying I support this, because losing work sucks, but shareholders are the ones that own the company - the C suite is just there to run it on their behalf. If shareholders think that firing a bunch of people to “eliminate waste” and pulling capital from the company in the form dividends to reinvest elsewhere is the way to maximise their returns (as a whole) then that’s what will happen.